Category Archives:
Printing coupons and eating swans: North Korea innovates amid food, economic woes
By Josh Smith SEOUL (Reuters) - From printing coupons as replacement cash to breeding ornamental black swans to eat, North Korea is being forced to innovate to handle economic woes and food shortages ...
Oct 29, 2021
French Q3 preliminary GDP rises 3%, beating forecasts
PARIS (Reuters) - France's preliminary third quarter gross domestic product (GDP) rose 3% to beat market forecasts, the national statistics office said, as a pick-up in consumer spending and exports b...
Oct 29, 2021
Taiwan’s ProLogium raises $326 million for solid-state lithium mass production
SHANGHAI (Reuters) - ProLogium Technology Co, a Taiwanese battery maker, said on Friday it had raised a total of $326 million from Primavera Capital Group, SoftBank China Venture Capital and others, a...
Oct 29, 2021
Danske beats Q3 profit estimates but cuts ROE target
COPENHAGEN (Reuters) - Danske Bank adjusted its 2023 profitability target downward on Friday, after reporting better-than-expected third-quarter earnings, buoyed by high client activity. Danske, citin...
Oct 29, 2021
Daimler Q3 posts higher profit despite chip shortage
LONDON (Reuters) - Daimler AG on Friday reported a higher quarterly net profit despite a global semiconductor chip shortage that has pummeled the auto industry, as it focused on higher-margin cars and...
Oct 29, 2021
Flight comeback fuels Air France-KLM’s return to quarterly core profit
PARIS (Reuters) - Air France-KLM returned to core profits in the late summer, beating the Franco-Dutch airline group's own expectations as passenger numbers almost doubled thanks to easing coronavirus...
Oct 29, 2021
Cryptocurrency ether hits all time high of $4,400
HONG KONG (Reuters) - Ether the world's second largest cryptocurrency hit a all time high on Friday, a little over a week after larger rival bitcoin set its own record. The token, which underpins the ...
Oct 29, 2021
Analysis-Bank of Canada’s early lift-off warning may dampen housing boom fanned by speculators
By Nichola Saminather TORONTO (Reuters) - Canada's pandemic housing boom has attracted a larger-than-usual share of speculators, many of whom took advantage of falling variable mortgage rates to take ...
Oct 29, 2021
Analysis-‘When #shiba?’ ask Robinhood users hungry for dogecoin-like returns
By John McCrank and Tom Wilson NEW YORK/LONDON (Reuters) - Investors clamoring for Robinhood Markets to host shiba inu, a meme-inspired cryptocurrency that has soared in value this month, may need to ...
Oct 29, 2021
Detroit’s chip woes drag on U.S. economic growth
By Dan Burns (Reuters) - The U.S. auto sector's production slump this year is more than a big minus for Detroit - it's a major drag on the entire economy. Gross domestic product growth slowed to the w...
Oct 29, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
